Transfer Documents for Resale Transactions - Indian Real Estate Forum

**amit001** · 09-07-12

Hi,

This is a draft for the various transfer documents/agreements and indemnity bonds which are generally required by any developer for resale transactions in the market.

We hope you will find it useful for your future property transactions.

Best Regards
Amit

chiyakam · 09-07-12

@amit001 - Thanks for sharing this information. Its very handy and was needed by me.

**amit001** · 09-07-12

My Pleasure!!

arunpundir2010 · 08-09-12

Hi All,

I have a query -

Party A has paid only the booking amount to the builder (2 Lakhs) and now Party A and Party B gets into re-sale pf a property.

Party A pays off initial booking amount to Party B (2 Lakhs) and rest 28% paid by the party B to the builder to get the transfer.

1-So now the receipt of 28% or say 30% payment will be against the party A or 28% will be against party B (which builder will be providing)

2- Builder gets into BBA with party B stating that party B is the only first holder of the unit , so legally can party B be treated as first party only and hence going forward if party B will try to re-sale then it will be treated as First release or will be it 2nd re-sale (as party B has already purchased from party A)
Kindly provide me the expert comments ....

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09-07-12	#2
chiyakam New Member Join Date: Oct 2011 Posts: 14 Likes Received: 1 Likes Given: 22	@amit001 - Thanks for sharing this information. Its very handy and was needed by me.

09-07-12	#3
amit001 Ex-Moderator Join Date: Aug 2010 Location: Middle East Posts: 8,230 Likes Received: 1317 Likes Given: 1145 My Mood:	My Pleasure!!

08-09-12	#4
arunpundir2010 Member Join Date: Nov 2010 Posts: 102 Likes Received: 8 Likes Given: 2	Hi All, I have a query - Party A has paid only the booking amount to the builder (2 Lakhs) and now Party A and Party B gets into re-sale pf a property. Party A pays off initial booking amount to Party B (2 Lakhs) and rest 28% paid by the party B to the builder to get the transfer. 1-So now the receipt of 28% or say 30% payment will be against the party A or 28% will be against party B (which builder will be providing) 2- Builder gets into BBA with party B stating that party B is the only first holder of the unit , so legally can party B be treated as first party only and hence going forward if party B will try to re-sale then it will be treated as First release or will be it 2nd re-sale (as party B has already purchased from party A) Kindly provide me the expert comments ....